## **TULLYLISH PARISH CHURCH - CHARITY NO 101676 Receipts and Payments Account 31 December 2022** |**Receipts**
Stewardship & FWO
Plate collections
Special collections
Donations from Church Groups
Donations for Charities
RCB Gift Aid Covenants
RCB Scheme Income
RCB Endowments
Property Income
Bank Interest Received
Sundry
Covenant Tax Refunds 2021
Donations
Loan Payments
**Total Receipts For Year**
**Payments**
Stipend/Loco/CPF/PAYE/NIC
Diocesan General Fund
Other Salaries
Rectory Expenses
Church Expenses
Hall Expenses
Property Repairs
Sunday School Expenses
Office Expenses
Charities
Church Insurance
Rates
CCI Licence
Catering
General expenses
Bank Interest & Charges
Loan Repayments
**Total Payments For Year**
**Net Receipts over Payments**
**Before Transfers**
**Transfers between funds**
**Cash Funds at 1st January 2022**
**Cash Funds at 31st December 2022**|**(UnRes)**
**(UnRes)**
**(UnRes)**
**(UnRes)**
**(UnRes)**
**(UnRes)**
**(UnRes)**
**(Restricted) (UnRes)**
**(UnRes)**
**General**
**Property**
**Current**
**Deposit Development Deposit**
**Deposit**
**Graveyard**
**Deposit**
**Loan**
**Fund**
**Fund**
**Account**
**Account**
**Account**
**Account**
**Account**
**Account**
**Account**
**Account**
**2022**
**1**
**2**
**3**
**4**
**5**
**6**
**7**
**8**
**9**
**10**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
£33,740
£16,365
£1,050
£51,155
£985
£985
£2,621
£2,621
£3,616
£3,616
£1,384
£1,384
£3,344
£3,344
£0
£0
£1,527
£1,527
£242
£0
£9
£51
£56
£357
£1,779
£3,265
£5,044
£2,685
£2,685
£100
£680
£780
£0
**£45,190**
**£23,878**
**£0**
**£1,050**
**£0**
**£9**
**£51**
**£3,265**
**£56**
**£0**
**£73,498**
£48,994
£3,234
£52,228
£5,822
£5,822
£3,423
£3,423
£2,498
£1,567
£4,065
£4,416
£786
£5,202
£1,468
£3,280
£4,747
£144
£8,000
£4,000
£12,144
£813
£813
£741
£523
£1,264
£3,044
£3,044
£0
£2,937
£2,937
£175
£956
£1,131
£498
£498
£193
£193
£3,710
£3,710
£220
£220
£0
£0
£76,158
£21,283
£4,000
£0
£0
£0
£0
£0
£0
£0
£101,441
**-£30,969**
**£2,595**
**-£4,000**
**£1,050**
**£0**
**£9**
**£51**
**£3,265**
**£56**
**£0**
**-£27,943**
£29,705
-£178,080
£0
-£1,905
£150,336
£0
£0
£0
-£56
£0
**£0**
£7,657
£248,838
£16,073
£855
£0
£7,525
£33,726
£3,218
£37,153
£0
**£355,045**
**£6,393**
**£73,353**
**£12,073**
**£0**
**£150,336**
**£7,534**
**£33,777**
**£6,483**
**£37,153**
**£0**
**£327,102**
Page 3|**2021**
**£**
£43,498
£82
£2,475
£300
£38
£4,727
£228
£1,552
£1,439
£392
£4,399
£2,368
£256,975
£40,741
**£359,214**
£50,967
£5,846
£3,489
£2,456
£2,589
£4,498
£3,673
£836
£2,984
£1,500
£2,770
£1,022
£707
£90
£2,587
£1,644
£40,741
**£128,399**
**£230,815**
**£0**
**£124,229**
**£355,044**| |---|---|---| Tullyllsh Part5h Chur¢h Notes to the Flnandal Statements ForThÈ Year Ended 31st DecembÈr2022 Unrestvlrted Funds Restrtrttd Funds Endowm•nt Funds Total Total 2022 2022 2022 2022 2021 Cash Funds Current Accounts 91,819 156.819 248.638 275,786 Deposit Accounts 78.457 78.4S7 79,2S9 Total Cash Funds 170,276 156.819 327,095 355,045 Assets retalned forthe Parfsh'5 own use Glebe House Glebe Cottage Glebe Land Parish H811 Equipment 462,887 84,551 32.DX) 463,822 462.887 84,551 32,IX)O 463,822 462.887 84.551 32.CKK) 463.822 T￿•1 Assets tttalned for the PaAsh's own use 1,049, 1,049,064 1,049,064 Llabllltles Loan Account Total Liabilltie5 De(lar8t We approve of these accounts and confirm that we have made available all relevant records and lThformatlon for their ￿paration. S*ned.-...-. Hwi. TreasurerSamuÈl Walker Rev. fjeoffreywllson Date Page 4 **Tullylish Parish Church Notes to the Financial Statements For The Year Ended 31st December 2022** ## **1. Accounting Policies:** Set out below are the principal accounting policies which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities. ## **(a) Receipts and Payments Account** All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis. ## **(b) Statement of Assets and Liabilities** ## **(1) Assets retained for the Parish's own use** The assets of the Parish retained for its own use comprise:- **Church Building and Graveyard Parish Hall Glebe House Glebe Cottage Glebe Lands (3 acres of grazing land) Equipment (Lawn mower, projector etc)** The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP (FRS102). These Heritage assets are not included in the statement of assets and liabilities as information on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. (This will be the most common accounting policy, where the church is not deemed to be a heritage asset specific advice will need to be taken). The Parish Hall, Glebe House, Glebe Cottage and Glebe Lands are ascribed a value based on the insurance valuation. No depreciation has been provided on the Glebe House etc as the current estimated residual value is not less than its carrying value and the remaining useful life currently exceeds 50 years. The minimum threshold of cost for an item to be considered to be capitalised as a fixed asset is not less than £1000.00. ## **2 Reconciliation of Cash Funds** |**Total Cash Funds at the beginning**
**of the year:**
Receipts for the year
Payments for the year
Transfers
**Total Cash Funds at the end of year**|**£**
**355,045**
73,498
-101,441
0
**327,102**| |---|---| Page 5 ## **Tullylish Parish Church Notes to the Financial Statements For The Year Ended 31st December 2022** ## **3 Movement in Funds** |**Endowment Funds**
**Totals**
**Restricted Funds**
Graveyard Fund
**Totals**
**Unrestricted Funds**
General Fund
Danske Building Fund
General Fund
Danske Property & Maintenance Fund
Danske Deposit Fund
Danske Investment Fund
Danske Fixed Term Fund
Danske Fixed Term Fund
Loan Account
**Totals**
**Total Funds**|**At 1st Jan**
**Incoming**
**Outgoing**
**At 31st Dec**
**2022**
**Resources**
**Resources**
**Transfers**
**2022**
**£**
**£**
**£**
**£**
**£**
0
0
0
0
0
**0**
**0**
**0**
**0**
**0**
3,218
3,265
0
0
6,483
**3,218**
**3,265**
**0**
**0**
**6,483**
7,657
45,190
-76,158
29,705
6,393
248,838
23,878
-21,283
-178,080
73,353
16,073
0
-4,000
0
12,073
0
0
0
150,336
150,336
855
1,050
0
-1,905
0
7,525
9
0
0
7,534
33,726
51
0
0
33,777
37,153
56
0
-56
37,153
0
0
0
0
0
**351,827**
**70,234**
**-101,441**
**0**
**320,619**
**355,044**
**73,499**
**-101,441**
**0**
**327,102**| |---|---| ## **Purpose of Restricted Funds** Graveyard Fund : This fund is for the general maintenance of the church graveyard. ## **Purpose of Unrestricted Funds** General Funds : These funds are for the general running of the church, to provide a stipend to the Rector, etc. Building Fund : This Fund is for the general maintenance of church buildings and to assist in any development costs. Deposit Funds : These funds assist the general funds and any church developments etc. Page 6 ## **Tullylish Parish Church Notes to the Financial Statements For The Year Ended 31st December 2022** ## **3 Movement in Funds** |**Endowment Funds**
**Totals**
**Restricted Funds**
Graveyard Fund
**Totals**
**Unrestricted Funds**
General Fund
Danske Building Fund
General Fund
Danske Property & Maintenance Fund
Danske Deposit Fund
Danske Investment Fund
Danske Fixed Term Fund
Danske Fixed Term Fund
Loan Account
**Totals**
**Total Funds**|**At 1st Jan**
**Incoming**
**Outgoing**
**At 31st Dec**
**2022**
**Resources**
**Resources**
**Transfers**
**2022**
**£**
**£**
**£**
**£**
**£**
0
0
0
0
0
**0**
**0**
**0**
**0**
**0**
3,218
3,265
0
0
6,483
**3,218**
**3,265**
**0**
**0**
**6,483**
7,657
45,190
-76,158
29,705
6,393
248,838
23,878
-21,283
-178,080
73,353
16,073
0
-4,000
0
12,073
0
0
0
150,336
150,336
855
1,050
0
-1,905
0
7,525
9
0
0
7,534
33,726
51
0
0
33,777
37,153
56
0
-56
37,153
0
0
0
0
0
**351,827**
**70,234**
**-101,441**
**0**
**320,619**
**355,044**
**73,499**
**-101,441**
**0**
**327,102**| |---|---| ## **Purpose of Restricted Funds** Graveyard Fund : This fund is for the general maintenance of the church graveyard. ## **Purpose of Unrestricted Funds** General Funds : These funds are for the general running of the church, to provide a stipend to the Rector, etc. Building Fund : This Fund is for the general maintenance of church buildings and to assist in any development costs. Deposit Funds : These funds assist the general funds and any church developments etc. Page 6 **Tullylish Parish Church Notes to the Financial Statements For The Year Ended 31st December 2022** ## **6. Transactions with the Trustees** Rev Brian Cruise received Stipend and Locomotory expenses of £37,165.44. Mr S M Vint's Company S M Vint & Co received a payment for Payroll work of £385.60. No other trustee received any renumeration or reimbursement of expenses during the year. No trustee or person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year. ## **7. Governance Costs** Goverance costs incurred during the year amounted to £800, being payment to independent examiner D Topley & Co Ltd. Page 8